In Nigeria, things are better said than done (do) sound policies and plan are mapped out only to be crucified on the alter of implementation. In fact, it has been an uphill task to put theories into management circle. Ejiofor (1981) attributed the cause of this to the separation of this observation is more pronounced in the management of Nigeria banks.
This, it is expected that the research findings will be brought to the notice of these non ” career bankers and manager as well as other practical bankers to of bank management function and the need for caution and prudence in credit management. It is therefore, expected that the findings will;
- Aid the regulatory authorities in their formulation of credit guidelines by providing meaningful information on the contribution of sectoral allocation to and doubtful debts provision.
- Arouse in bank management the need for them to re ” appraise some of their policies, which have been rendered ineffective and undesirable by modern development in the business and financial circles.
1.1 Introduction
In this section, Bad Debt Management in the Nigeria Banking Industry is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.